The Life of Admiral Viscount Exmouth eBook

This eBook from the Gutenberg Project consists of approximately 279 pages of information about The Life of Admiral Viscount Exmouth.

The Life of Admiral Viscount Exmouth eBook

This eBook from the Gutenberg Project consists of approximately 279 pages of information about The Life of Admiral Viscount Exmouth.

During the debate in the House of Commons, on the vote of thanks for the victory at Algiers, Mr. Money, an East India Director, who had been in India during Sir Edward’s command, bore a strong testimony to the merit and success of his system.  “Such,” he said, “was the vigilance with which Sir Edward had chased the enemy from our extensive shores, and so powerful the protection which he gave to our commerce in those seas, that property to the amount of millions had been saved, which otherwise would have fallen into the hands of the enemy.”  Making all the allowance which a loose and general estimate usually requires, the assertion at least shows the estimation in which Sir Edward’s services were held.  A series of resolutions entered into by the merchants and underwriters of Bombay, in December, 1808, when he was on the point of returning to Europe, affords more precise evidence.  From the data furnished by the trade of this port, may be inferred the greatness of the benefits which the commerce of India received from his protection.

“Resolved—­That it appears to this meeting of merchants, shipowners, and underwriters, of Bombay, to be an indispensable act of justice, more especially under existing circumstances, publicly to declare, on the approaching departure of his Excellency Vice-Admiral Sir Edward Pellew for Europe, the extent of the protection which the commerce of Bombay has received, since the assumption by his Excellency of the command-in-chief of his Majesty’s ships in the Indian seas.
“—­That it appears by a document framed in the insurance-office of Bombay, that the rate of premium from Bombay to China, and from China to Bombay, from the year 1708 to 1805, fluctuated between twelve, ten, nine, and eight per cent.; while, during the period of Sir Edward Pellew’s command, from 1805 to 1808 inclusive, it has stood at eight per cent., with a return of three per cent., if sailing with convoy, and at five per cent., if warranted with convoy:  the rate of insurance has, therefore, been fifty per cent, lower on the commerce of the port of Bombay during Sir Edward Pellew’s command than at any former period.
“—­That since the arrival of Sir Edward Pellew, a period of only three years, one hundred and ten ships have exported and imported, to and from China, under convoy during the whole voyage; while only twenty-eight have run the passage unprotected, in consequence of their sailing out of the seasons fixed for the regular convoys; at the same time that those which have departed unprotected on the eve of appointed convoys, or have separated in the course of the voyage, have not failed to attract the notice and remonstrance of his Excellency.
“—­That the operation of the system of convoys had afforded complete security to the trading capital of Bombay, of which the amount insured at this settlement, from May 1st, 1806, to October 31st, 1808, has been 6,700,000_l._;
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The Life of Admiral Viscount Exmouth from Project Gutenberg. Public domain.